Short Interest in John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Decreases By 23.5%

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 10,487 shares, a drop of 23.5% from the November 30th total of 13,715 shares. Based on an average daily volume of 38,742 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 38,742 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On John Hancock Multifactor Small Cap ETF

A number of institutional investors have recently modified their holdings of JHSC. The Manufacturers Life Insurance Company raised its position in John Hancock Multifactor Small Cap ETF by 2.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,467,224 shares of the company’s stock worth $174,445,000 after buying an additional 123,630 shares during the last quarter. Bank of America Corp DE boosted its position in shares of John Hancock Multifactor Small Cap ETF by 3.5% in the 3rd quarter. Bank of America Corp DE now owns 1,764,529 shares of the company’s stock worth $73,846,000 after buying an additional 59,491 shares in the last quarter. Private Advisor Group LLC grew its position in shares of John Hancock Multifactor Small Cap ETF by 104.3% in the third quarter. Private Advisor Group LLC now owns 861,485 shares of the company’s stock valued at $36,053,000 after purchasing an additional 439,803 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in John Hancock Multifactor Small Cap ETF by 170.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 574,595 shares of the company’s stock valued at $24,047,000 after buying an additional 362,208 shares during the last quarter. Finally, Gilbert & Cook Inc. increased its position in John Hancock Multifactor Small Cap ETF by 9.4% during the 2nd quarter. Gilbert & Cook Inc. now owns 563,781 shares of the company’s stock worth $22,016,000 after purchasing an additional 48,333 shares in the last quarter.

John Hancock Multifactor Small Cap ETF Trading Down 0.5%

John Hancock Multifactor Small Cap ETF stock traded down $0.20 during midday trading on Tuesday, hitting $42.36. 23,100 shares of the stock were exchanged, compared to its average volume of 45,082. The stock’s 50-day simple moving average is $42.03 and its 200 day simple moving average is $41.16. The stock has a market capitalization of $624.81 million, a price-to-earnings ratio of 15.76 and a beta of 1.05. John Hancock Multifactor Small Cap ETF has a fifty-two week low of $31.96 and a fifty-two week high of $43.78.

John Hancock Multifactor Small Cap ETF Company Profile

The John Hancock Multifactor Small Cap ETF (JHSC) is an exchange-traded fund that is based on the John Hancock Dimensional Small Cap index. The fund tracks an index of US small-cap stocks selected by relative price and profitability. Securities are weighted by multiple factors relative to their sector peers. JHSC was launched on Nov 8, 2017 and is managed by John Hancock.